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Embark Appoints Penny Herscher as New Board Chair

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SAN FRANCISCO, Sept. 12, 2022 (GLOBE NEWSWIRE) -- Embark Trucks, Inc. (Nasdaq: EMBK, “Embark”), a leading developer of autonomous technology for the trucking industry, today announced the appointment of Penny Herscher as independent chair of its board of directors and chair of its compensation committee.

"Penny is a seasoned public company chair and has had a successful career in a variety of executive leadership positions – helping companies scale even during global economic challenges," said Alex Rodrigues, Co-Founder and CEO. "We are grateful to have Penny on our team as chair of the Embark board. I look forward to working with her as we focus on delivering increasing value for our shareholders and employees."

"It is an honor to have been appointed the chair of Embark’s board of directors," said Ms. Herscher. "I am excited about Embark’s mission to bring the first commercially-viable driverless truck to public roads. I look forward to working with Alex and the board to contribute to the success of this company."

Ms. Herscher is an accomplished public company board director, executive, and entrepreneur in the technology industry, with more than 15 years of experience as a CEO in Silicon Valley and more than 15 years of experience serving on public company boards of directors. She currently serves as chair of the board of directors at SGH-SMART Global Holdings, Inc., Lumentum Holdings, Inc., and as a director at Faurecia SA and several private companies. She also previously served as a member of the board of directors of Verint Systems, Inc., and PROS Holdings, Inc.

Since 2004, Ms. Herscher held various executive positions including CEO of FirstRain, Inc., a company in the unstructured data analytics space, CEO of Simplex Solutions, a publicly traded electronic design automation company, and C-level and senior executive positions for Cadence Design Systems, Inc. and Synopsys, Inc. She holds a BA Hons, MA in Mathematics from Cambridge University in England.

About Embark
Embark Technology, Inc. (Nasdaq: EMBK) is an autonomous vehicle company building the software powering autonomous trucks, focused on improving the safety, efficiency, and sustainability of the nearly $730 billion a year trucking market. Headquartered in San Francisco, CA since its founding in 2016, Embark is America’s longest-running self-driving truck program and partners with some of the largest shippers and carriers in the nation.

Embark’s mission is to realize a world where consumers pay less for the things they need, drivers stay close to the homes they cherish, and roads are safer for the people we love. To learn more about Embark, visit embarktrucks.com.

Contacts For Embark:
Media:
Misha Rindisbacher, press@embarktrucks.com 

Investor Relations:
Bill Ong, investorrelations@embarktrucks.com 


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we are developing self-driving semi trucks. we believe that commercial trucking, the backbone of our economy, stands to reap untold benefits by deploying autonomous trucks, particularly during the long haul stretches. roads will be safer. goods will be cheaper. truckers will be called upon to use their skills in new ways while the truck itself becomes a trusted navigation partner. our team is made up of robotics specialists from some of the leading technology companies of our time - with deep expertise in artificial intelligence, machine learning, and real-world deployment of advanced technology. we’re also hiring - contact us if you have the drive to help make the future of autonomous driving a reality today.